Annual report pursuant to Section 13 and 15(d)

Finance leases receivable (Tables)

v3.24.1
Finance leases receivable (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of net finance leases receivable, non-performing

Net finance leases receivable, non-performing, consist of the following at December 31, 2023 and 2022:

 

    2023     2022  
Gross minimum lease payments receivable   $ 1,203,404     $ 1,203,404  
Less: unearned interest     (400,005 )     (400,005 )
Less: reserve for bad debt     (803,399 )     (803,399 )
Finance leases receivable   $ -     $ -